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Developer reveals $3bn plans for a Wakanda-like city in Ethiopia
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Developer reveals $3bn plans for a Wakanda-like city in Ethiopia

By Colm Gorey After the smash hit release of the film Black Panther – chronicling the defence of a hyper-advanced city in a fictional city-state called Wakanda by a superhero king – a smart city developer aims to help build something similar. According to the Ethiopian News Agency, the country’s government, in partnership with the developer called HubCity Live,...

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High Court of England & Wales restrains Djibouti’s port company from terminating joint venture with DP world

DUBAI, United Arab Emirates — The High Court of England & Wales has granted an injunction restraining Djibouti’s port company, Port de Djibouti S.A. (PDSA), from treating its joint venture shareholders’ agreement with global trade enabler DP World as terminated. The High Court has further prohibited PDSA from removing directors of the Doraleh Container Terminal...

Ship docks, road upgrade planned as Eritrea, Ethiopia ties strengthen
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Ship docks, road upgrade planned as Eritrea, Ethiopia ties strengthen

ADDIS ABABA (Reuters) – An Ethiopian ship docked in an Eritrean port for the first time in two decades on Wednesday and Eritrea announced plans to upgrade a road to its neighbor, local media said, in further signs of strengthening ties between the former foes. The announcements came as Ethiopia’s Prime Minister Abiy Ahmed met...

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Somalia, Eritrea and Ethiopia to hold trilateral Talks on Economic Integration

Mogadishu : The president of the Federal Republic of Somalia Mohamed Abdullahi Farmajo is leading efforts to consolidate gains made at the Forum on China-Africa Cooperation by facilitating the prospect of a tripartite agreement on economic Integration between the countries of the Horn. President Farmajo, Ethiopian Prime Minister Abiy Ahmed and Eritrea’s President Isaias Afwerki...

Chinese President Xi Jinping told African leaders on Monday that China’s investments on the continent have “no political strings attached”
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Chinese President Xi Jinping told African leaders on Monday that China’s investments on the continent have “no political strings attached”

France 24 Xi spoke before the start of a two-day China-Africa summit that is expected to focus on his cherished Belt and Road initiative, a global trade infrastructure programme. The massive scheme is aimed at improving Chinese access to foreign markets and resources, and boosting Beijing’s influence abroad. It has already seen China loan billions of dollars...

Ethiopia announces four more industrial parks as debt fears grow
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Ethiopia announces four more industrial parks as debt fears grow

Hawassa Industrial Park was completed in 2016 (Government of Ethiopia) Ethiopia has announced plans to commission four Chinese-built industrial parks by the end of the year as concerns grow over the level of debt the country is taking on. Belachew Mekuria, the commissioner of the Ethiopia Investment Commission, said the government expected to give the...

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Eyes On Uhuru At China-Africa Summit Just Days After U.S. Tour

By Macharia Gaitho, President Uhuru Kenyatta will find Chinese officials keenly studying his every move as he lands in Beijing for the Heads of State Summit of the Forum on China-Africa Cooperation (FOCAC) just days after meeting US President Donald Trump in the US capital. It has already been confirmed by the Chinese Ambassador in...

JUST A GREAT SOMALI FOOD SPOT NEAR SAN DIEGO STATE UNIVERSITY
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JUST A GREAT SOMALI FOOD SPOT NEAR SAN DIEGO STATE UNIVERSITY

Somali Doughnuts in San Diego By James Murren Mandazi is Swahili for a fry bread that is eaten as a snack along the Swahili coast. While usually eaten later in the day, it is not unheard of for breakfast. At a nondescript San Diego Somali café, hidden in the back of a tiny market-slash-seamstress stall-slash-food joint,...

Ethiopia continues to pressure Riyadh to release Saudi-Ethiopian tycoon
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Ethiopia continues to pressure Riyadh to release Saudi-Ethiopian tycoon

Ethiopia will continue to pressure the Saudi Arabian government to release the Ethiopian-born Saudi billionaire Mohammed Hussein Al-Amoudi, Reuters reported yesterday quoting the Ethiopian Prime Minister, Abe Ahmed. In May, Abe Ahmed demanded the Saudi Crown Prince Mohammed Bin Salman to release Al-Amoudi during his two-day visit to the kingdom. Speaking to the Ethiopian public in a town...

Foreign Investment Gives Ethiopia over Four Billion Dollars
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Foreign Investment Gives Ethiopia over Four Billion Dollars

Addis Abeba,  (Prensa Latina) Ethiopia attracted over four billion dollars in Direct Foreign Investment (DFI) during the last fiscal year, which ended on July 8, confirmed here official sources. According to the spokesperson of the Ministry of Foreign Relations, Meles Alem, that figure comes from the 156 foreign enterprises who operated in the national territory....